ZCX Broke Out of 3 Year Down TrendZCX - Unizen
Has been in a 3-year-long down trend. Just broken out towards the upside. Had a golden moving average cross in June 2024 and has remained bullish since then.
Short Term Target: $0.28
Medium Term Target: $0.65
Support Level at $0.13
Fundamental Analysis
Blockchain: Ethereum (ERC-20)
Age: The project was conceptualized around 2020 with the Unizen platform launch.
Use Case: ZCX serves as the native token for Unizen, a hybrid CeDeFi platform combining centralized and decentralized exchange functionalities, providing deep liquidity and reduced slippage for trading across numerous assets.
Adoption: Unizen has integrated with major exchanges and DeFi protocols, increasing its adoption among traders looking for an all-in-one trading solution.
Key Innovation: Unizen's modular Compliant Liquidity Provider (CLP) system, which integrates liquidity from both CEXs and DEXs, offering a seamless trading experience.
Key Team Member: Tom Sweeney (COO) - His experience in trading and blockchain has been instrumental in architecting Unizen's platform strategy, notably contributing to the platform's successful partnerships with Binance and other major exchanges.
Why it could do well: Unizen's unique approach to combining the strengths of centralized and decentralized systems could attract traders seeking efficiency, security, and a broad spectrum of trading options. The focus on compliance and integration with established platforms could drive further adoption in the crypto trading community.
Unizen
Zcx Unizen UpdateThe triangle of huge time frame is broken and as the lil picture the Price is pulling back to rhe Big triangle.
This is like a test and it maybe broke it to the inside again and with a fake move the zcx price can move Sharply up
The total market and Other Coins moves are so important and you process your Position and you should have stop loss and capital management!
And always be aware of news and fundamental.
Good luck
Update of Unizen Coin "Zcx"This is the super technical place to Buy!!
Falling wedge breaking from top and the Green Army is futuristic!! Buyers have huge Orders but there is no Seller haha!!
This can be a good sense to see a Pumping scenario!!
After Falling wedge being broken and the chart testing the breaking place(ob)
Im a big buyer here too!!
Maybe i enter at the 3rd pullback:))
1 step Ordered xD
Here you can see my first buy step haha:))
Good luck:)
#ZCXUSDT Holds the Key to a Potential Buying Opportunity💎 #ZCXUSDT is showing signs of increasing price strength, indicating a potential uptrend in the making. The rejection of the uptrend trendline, coupled with a bounce off the Volume Profile support, highlights the bullish sentiment. Additionally, the confirmation of a Head & Shoulders reversal pattern through the break of the neckline further supports the bullish case.
💎 Despite these positive signals, it's important to acknowledge the possibility of a strong pullback in #UNIZEN. Paradisers should remain prepared for such a scenario. The validity of the uptrend hinges on #ZCX maintaining above the recent low and the uptrend trendline. A break below could invalidate the bullish outlook.
💎 However, if #ZCX manages to break to a new local higher high, it could trigger a rapid rally, with price targeting one of the resistance areas. Our analysis suggests a potential 20-40% buying opportunity in the event of an upside move.
💎 The MCP team will closely monitor the price action and provide timely updates on any significant developments. Stay tuned for further insights as we navigate the dynamic market conditions surrounding #ZCXUSDT.
ZCXUSDT Unizen Exchange coin!Nice vol is happening on zcx!
I mean people are trading and the Unizen team is doing Great!
I hope the best for them and their Head!
It will surprise more traders in coming days!
Yiu will hear ZCX and Unizen Much much in future lol
I draw the Lines zoned and price action Hands!
Look at the macd rising by High vol and Nice Moving average!!
Maybe the pump is coming?!
Or ? You say haha
Good luck
Unizen (ZCX) High Risk Gamble Coin With Huge 10X PotentialUnizen is a real good project with an innovative idea. It currently has a marketcap of just under $5m with a circulating supply of around 60m. They have recently (August 31st) been listed on Huobi and did a nice interview on the Huobi Global YouTube channel a few days ago. They will be launching their DEX aggregator later this month which is very exciting for them, and a huge milestone in their project. I suggest you go to the Huobi Global YouTube channel and watch the video if you want to learn about this project.
Anyway, this chart is absolutely crazy. This tiny little pump I drew on the chart would be more than a 10x from the current price of ~$0.08. Right now if you zoom in on the daily chart it looks like it could potentially pump&dump at any moment now, or otherwise drop straight to a new all time low below $0.07. If it pumps it will probably at least pump 2x - 3x, but as you can see even a 10x is easily possible on this chart, even for the usual pump&dump in the middle of a bearmarket. I would suggest entering between $0.075 - 0.08.
Now, the difficult part about this trade is whether or not you should use a stoploss. If I talk purely strategically, then I would definitely say that you should stoploss as soon as it makes a new all time low below $0.07, but with super illiquid microcap coins like this you just never know what happens because it is completely manipulated. It could easily dump below $0.07 to force traders like us to stoploss and then suddenly pump like crazy right after. So, the best course of action with a trade like this in my opinion is: Only use a small amount. Treat it like a gamble and don't invest anything that holds emotional value for you. Throw in $100 or whatever is a small gamble amount for you and see what it does. I will keep this trade updated to let you know what I think in case it pumps or drops to a new all time low.
Good luck, and remember, never invest more than you are willing to lose!
unizen ZXCUSDT 15min Updateto be continue...
Im here to share my ideas with you maybe i can help someone
unizen is going up and make the HH options great
Unizen price today is $0.192706 with a 24-hour trading volume of $988,226. ZCX price is down -5.7% in the last 24 hours. It has a circulating supply of 41 Million ZCX coins and a total supply of 1 Billion. If you are looking to buy or sell Unizen, KuCoin is currently the most active exchange.
here you can see the 2 ways for it
next target is 0.25
gl
Scaling into ZCXLooks like we should start slowly scaling into ZCX. I think this might be forming a support range due to the OBV and price support area, but the overall low OBV without V-shaped bounce and the non oversold RSI has me wary about building a big position here. So, scaling in slowly is a good option.